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Oakville, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
213,759
Population
3,985/sq mi density
$128,000
Median Income
$80,600 per capita
$1,200,000
Home Value
$2,040
Median Rent
26.4% income on rent
49°F
Avg Temperature
262 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$128,000 median income, 11.7% unemployment
F
Affordability
1.4 / 5.0
$1,200,000 home value, $2,040/mo rent
C+
Safety
2.5 / 5.0
B
Education
3.4 / 5.0
29.6% bachelor's degree or higher
Housing Overview
Median Home Value
$1,200,000
326% above
US avg: $281,900
Median Rent
$2,040/mo
75% above
US avg: $1,163/mo
Homeownership Rate
77.5%
19% above US avg (65.4%)
Total Housing Units
73,555
Ownership vs. Renting
77.5%
Owner-Occupied
22.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Homeownership Rate
77.5%
Complete Housing Data
Home Values
| Census Median Value | $1,200,000 |
Rent
| Census Median Rent | $2,040 |
Market
Ownership & Stock
| Owner-Occupied | 77.5% |
| Renter-Occupied | 22.5% |
| Homeownership Rate | 77.5% |
| Total Housing Units | 73,555 |
| Rent Burden | 26.4% |